Exceptional Live-In Investment Opportunity! Discover this legal triplex, complete with a bonus additional dwelling unit, located on a spacious double lot. With approximately 3,000 square feet of well maintained living space, this property is a true gem for buyers looking to make amazing passive income while living in the property. The layout features two 2-bedroom units and two 1-bedroom units, offering versatile rental options. The main-floor 2-bed unit is currently owner occupied and provides a wonderful live-in option or could be quickly rented with a projected rent of $2,200/m. The other 3 units are happily occupied by A++ tenants. The home is equipped with efficient boiler heat, ensuring convenience for both owners and tenants. Additionally, this property includes in-suite coin operated shared laundry, and a detached garage and a storage shed, providing further potential for income (approx. $50/m for laundry and projected $200/m for garage) or personal use. The ideal location, turn key building, and practical layout make this a standout investment opportunity. You'll be hard pressed to find a better layout, location, and overall quality. Pride of ownership is evident throughout—don’t miss this rare offering. Call your Realtor® to book your showing today! (id:4069)
| Address |
117 FAIRLEIGH Avenue S |
| List Price |
$1,300,000 |
| Property Type |
Single Family |
| Type of Dwelling |
House |
| Area |
Ontario |
| Sub-Area |
Hamilton |
| Bedrooms |
6 |
| Bathrooms |
4 |
| Floor Area |
2,299 Sq. Ft. |
| Year Built |
1907 |
| MLS® Number |
40675654 |
| Listing Brokerage |
Real Broker Ontario Ltd.
|
| Basement Area |
Partial (Partially finished) |
| Postal Code |
L8M2K4 |
| Zoning |
R1a |
| Site Influences |
Public Transit |
| Features |
Laundry- Coin operated |
